Real estate firm Signature Global has announced a consolidated net loss of ₹45.33 crore for the third quarter ending December 2025, primarily driven by a significant decline in total income. This marks a stark reversal from the same period last year when the company recorded a net profit of ₹29.13 crore.
Financial Performance Details
According to a regulatory filing submitted on Tuesday, Signature Global's total income plummeted to ₹312.76 crore during the October-December quarter of the current fiscal year. This represents a substantial drop from ₹862.14 crore reported in the corresponding quarter of the preceding fiscal year, highlighting the challenging market conditions faced by the real estate sector.
Management Perspective on Results
Pradeep Aggarwal, Founder and Chairman of Signature Global (India) Ltd, acknowledged the quarterly setback but emphasized the company's steady performance over the first nine months of the fiscal year. He noted that while the broader real estate market has experienced some softness, the current environment favors established developers with proven track records.
Aggarwal stated: "Our recently launched wellness-centric project, Sarvam at DXP Estate, has received robust demand, reflecting evolving buyer preferences towards thoughtfully designed, health-focused living spaces."
Company's Market Position and Outlook
Signature Global remains one of India's leading real estate developers, having delivered 16.5 million square feet of real estate to date. The company emerged as the fifth largest listed realty firm during the 2024-25 fiscal year in terms of sales bookings, achieving a record ₹10,290 crore in that period.
Looking forward, Aggarwal expressed optimism about the sector's medium- to long-term prospects. The company plans to maintain focus on disciplined execution, technological advancement, and creating value for both customers and stakeholders.
Sales Guidance and Market Challenges
For the current fiscal year, Signature Global had initially provided sales bookings guidance of ₹12,500 crore. However, due to slow housing demand in Gurugram and broader market conditions, the company now acknowledges it is unlikely to reach this target. Despite this, management remains confident of matching last fiscal year's sales performance.
The quarterly results underscore the ongoing challenges in India's real estate market, particularly in key metropolitan areas, while also highlighting how established developers are adapting to changing consumer preferences and market dynamics.
